Thursday, January 17, 2013

Table Update for Closed End Fund Portfolio-As of 1/17/13

I will post an update table of my closed end fund (CEF) portfolio about twice a year.

I will also post an updated stock fund table, which will include stock mutual funds, twice a year, probably in March and September.

The CEF portfolio is a portfolio within a portfolio. It is a worldwide balanced stock and bond fund portfolio, primarily designed to generate income and secondarily long term capital gains.

I will periodically look at this table and make a decision to re-allocate among bond and stock funds based in part on my big picture views. Lately, I have been adding to stock CEFs and lightening up on bond funds. I have also been adding stock CEFs that own stocks located in emerging markets and will probably continue doing so.

I checked the net asset value for that Canadian CEF this evening. As of 1/17/13, the net asset value per share was C$22.34, up C$.19 for the day. The shares closed today at C$16.05, creating a discount to net asset value of 28.16%.

I did recently receive a $.52 per share capital gain distribution: CGI Dividends

No comments:

Post a Comment

Search This Blog

About Me

I am no longer in a capital accumulation phase. My key investment objectives are capital preservation and income generation.
I started to buy stocks in the late 1960s.
I have a balanced worldwide portfolio with a considerable allocation to cash. Starting in December 2016, I started to reallocate out of cash and into high quality short and intermediate term bonds and FDIC insured CDs using a ladder strategy.
I have been paring my stock allocation, selling gradually into the robust stock market rally occurring since the U.S. election.
In this blog, I will be discussing only a sample of my recent stock trades. I will be discussing almost all of my bond and CD trades.

Total Pageviews

Disclaimer

I am not a financial advisor but simply an individual investor who has been managing my own money since I was a teenager. In this blog, I am acting solely as a financial journalist focusing on my own investments. The information contained in this blog is not intended to be a complete description or summary of all available data relevant to making an investment decision. Instead, I am merely expressing some of the reasons underlying the purchase or sell of securities. Nothing in this blog is intended to constitute investment or legal advice or a recommendation to buy or to sell. All investors need to perform their own due diligence before making any financial decision which requires at a minimum reading original source material available at the SEC and elsewhere. For purchases of bonds and preferred stocks, the prospectuses need to be reviewed until fully understood by the investor.